Plaintiffs have been on a roll lately with claims that major banks wrongly denied loan modifications under a federal program meant to slow the tide of foreclosures. But this week Bank of America scored a big defense victory, fending off a bid to certify a massive consolidated class action brought by borrowers in 26 states.
Goodwin Procter Beats Class Cert in BofA Borrowers Case
The Litigation Daily
September 5, 2013